Suppose a and B Are Events Where P(A)= 0

question 118

Short Answer

Suppose A and B are events where P(A)= 0.4,P(B)= 0.5,and P (A and B)= 0.1.Then P (A or B)= .

---

Definitions:

Economic Growth

The increase in the inflation-adjusted market value of the goods and services produced by an economy over a period of time.

Entrepreneurship

The act of creating, organizing, and running a new business venture, typically characterized by risk-taking and innovation to achieve profit and growth.

Capital

Resources, especially financial assets, used to create goods, services, or wealth.

Production Possibilities Curve

A graphical representation showing the maximum quantity of two goods or services that can be produced with limited resources.